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A CRM software can solve the issues. If you are using an CRM software it would have Invoice app , Project management App which you could use it for small business. Instead of using only Invoice software.

If you are looking forward for Invoicing software or ERP/CRM software's then eNvent Software Technologies are the best in this field.

Mission
Our purpose is to build the unique software solutions for enterprise and data management across the industries through our creativity, innovations, expertise and high level of professionalism.

Vision
eNvent visions for world class software product provider for different industries and enterprise management applications across all the major business through advanced technology and core domain expertise.

Strategy
“Our strategy is to continually learn the industries, research on their problems, and come up with innovative and easy to use solutions to significantly add values to the business of our clients.”

OpenERP is a good alternative. It can be used not only for invoicing and tracking expenses, but also for accounts, inventory management, CRM, POS etc. You can start with minimalistic approach installing bare minimum modules initially and later expand the scope, if needed.

Invoice software is used to send a statement of amount paid by the customer for services offered by organizing. It helps to solve a many business finance problem. Provide Invoice in a right time, then amounts transferred in before the due date.

I am working in software company, we manage many clients they need different services. Based on the services we provided through that generate an invoice and send an invoice to our clients. If same services offered to clients in a certain time period set a recurring Invoice, it automatically sends Invoice.

There are many business tools you can opt for, some of them are free or some paid. For quick invoices management one should need a effective tool. The two other tools that really effective in comparison to freshbooks to use and host are QuickBooks hosting and XERO. Basically QuickBooks Online users praise the system’s quick reporting capabilities.

You can find a lot of free invoicing software tools online but you run the risk of bugs and not being able to use the software solutions to their full potential. Other software tools like BillQuick software, which is a time Tracking, Billing and Accounting SaaS solution can fully help your business scale and while you manage your clients with ease.

I'm using an option that I really like. If you want to tweak the template it might not be a good fit but the one template they provide looks really clean and it is free so you can't beat the price. Other things I like about ZipBooks for invoicing:

* late payment reminders - you can do multiple reminders with escalating urgency.
* Recurring invoices - I can send out an invoice on a regular basis without having to do it manually. They also let you pull in any time tracking information since the last time you sent out an invoice. It's an option that toggles on and off if you want to send additional billing separate you can turn it off. One thing to note on this recurring invoice logic, there's no way to put tax in there. I'm doing services so I don't need to charge tax but just a heads up.
* Autobilling - This is pretty great. It's the only free accounting software option that I am aware of that let's you bill a credit card over and over. The customer pays the first invoice and then it goes on autopilot after that.
* Time tracking is built into the invoicing so similar to FreshBooks in that way.

They make money on credit card processing and I've been using them for over a year. Similar to Wave in a lot of ways but I like the design a lot better.

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